Economy

NEOM CEO Predicts Over 200k Employees by 2025!

NEOM’s Workforce Set to Surpass 200,000 by 2025

In a groundbreaking development, Saudi Arabia’s giga-project NEOM is on track to exceed 200,000 workers by 2025, marking a 43 percent increase from the current workforce level. This surge in labor force is a major milestone in the Vision 2030 initiative, highlighting NEOM’s pivotal role in reshaping the Saudi economy.

Industry Forum Showcases NEOM’s Growth

NEOM, situated in the northwest of Saudi Arabia, recently hosted a two-day industry forum that brought together over 100 of the world’s top construction companies. Addressing the event, CEO Nadhmi Al-Nasr emphasized the monumental scale of opportunities within NEOM as the project enters its busiest phase of development. Participants gained insights into upcoming plans, toured project sites, and engaged in one-on-one discussions with contractors.

Transitioning to the Next Phase

The forum highlighted NEOM’s current construction progress and future developments, signaling the project’s transition into the next phase of its extensive portfolio. With ambitious projects like The Line underway, NEOM is looking for top-tier construction expertise to deliver groundbreaking developments. The forum also stressed the importance of innovation in meeting the city’s immense scale and scope.

Advancements Across NEOM

Progress on key projects such as The Line, the Spine, Oxagon, Trojena, and an international airport was showcased during the event, demonstrating NEOM’s commitment to pushing boundaries and redefining the future of urban development.